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Sec. 72.101. PERSONAL PROPERTY PRESUMED ABANDONED. (a) Except as provided by this section and Sections 72.1015, 72.1016, 72.1017, 72.102, and 72.104, personal property is presumed abandoned if, for longer than three years: (1) the location of the owner of the property is unknown to the holder of the property; and.
Any stock or other intangible ownership interest enrolled in a plan that provides for the automatic reinvestment of dividends, distributions, or other sums payable as a result of the ownership interest is subject to the presumption of abandonment as provided by this section.
Section 72.101 - Personal Property Presumed Abandoned. (a) Except as provided by this section and Sections 72.1015, 72.1016, 72.1017, 72.102, and 72.104, personal property is presumed abandoned if, for longer than three years: (1) the location of the owner of the property is unknown to the holder of the property; and.
Sec. 72.101. PERSONAL PROPERTY PRESUMED ABANDONED. (a) Except as provided by this section and Sections 72.1015, 72.1016, 72.1017, 72.102, and 72.104, personal property is presumed abandoned if, for longer than three years: (1) the location of the owner of the property is unknown to the holder of the property; and.
1 Ιαν 2024 · Texas Property Code - PROP § 72.101. Personal Property Presumed Abandoned. (2) according to the knowledge and records of the holder of the property, a claim to the property has not been asserted or an act of ownership of the property has not been exercised.
provide by law for the escheat or custodial taking of the property or is in a state in which the state ’ s escheat or unclaimed property law is not applicable to the property, and the holder is a
Texas Statutes Title 6, Unclaimed Property; Chapter 72, Abandonment of Personal Property. Refreshed: 2023-07-23.
